Press release
Infusion Medication Management Systems a Key Initiative for Improving Patient Safety
(Amherst, NH) – Infusion is one of the most common in-patient procedures. So perhaps it’s not surprising that infusion devices are the subject of more adverse incident reports to the FDA than any other medical technology. Improving the safety of infusion and infusion products has been and continues to be a priority for the industry, caregivers and healthcare administrators. While infusion pumps and vascular access components have improved in quality and design, the complexities of drug infusion continue to present challenges to the goal of continuous improvement in reducing errors.Thousands of medications are currently available, and more are being introduced every year. Look-alike and work-alike drugs and drugs with sound-alike names all increase the possibility of error. The complexity associated with ordering, dispensing, preparing, programming and administering infusion pumps result in dosing and administration related errors. The increasing complexity of the patient care environment, the turnover rates among nursing staff, and nurses working in multiple settings further increase the risk of infusion medication errors.
The relatively large number of infusion pumps in each hospital, and the fact that these devices are manufactured by numerous medical equipment suppliers, has hampered the ability of many hospitals to create integrated critical care patient communications networks. While most hospitals operate in a decentralized nursing mode, the information from medical equipment is often available only at a central location.
Multi-component infusions are often prescribed according to the physiological purpose of the infusion, as opposed to the specific product. Drugs that are commonly used in the ICU—sedatives, antimicrobial agents, vasopressors, and anticoagulants—contribute to a higher proportion of errors than other medications and these errors are associated with greater patient harm. The narrow therapeutic range of many agents in these categories and the volume of routine use are potential contributors to their risk potential.
The evolving market for infusion medication management is detailed in a new and comprehensive report researched and written by Greystone Research Associates. Infusion Medication Management Systems: Markets, Players and Forecasts analyzes the market for products and services that assist caregivers in managing the infusion medication process. The report also assesses key therapeutic market segments, analyzes demand drivers and market considerations, and provides profiles of market sector participants.
More information is available at http://www.greystoneassociates.org
About Greystone
Greystone Research Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.
Source: Greystone Research Associates
About Greystone
Greystone Research Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.
Contact:
Mark Smith
Greystone Research Associates
98 Route 101A
Amherst, NH 03031 USA
Voice: 603-595-4340
Fax: 603-218-7020
www.greystoneassociates.org
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